Some signs of nervousness is also showing for the banks. Bonds are rallying a little bit so that means yields come in and that weighs on the bank so thats a little bit of a pause in the cyclical rally. How does the market really react to what the economists are seeing . They say we will be good in the second half of next your but have a really tough spot between here and there. Have the markets price that in . Abigail the markets do not appear to be pricing it in all that much. As you know, some of the longer term charts are starting to show the possibility that equities in particular are stretched and there could be some sort of sharp pullback for the end of this month or the beginning of next year. That could very well reflect the air pocket the jobs report for november is very disappointing suggesting december and january could be worse. It appears theres some sort of awkward middle ground in the First Quarter of 2021 and maybe beyond. The optimism that the vaccine will bring to the
Im on Francine Lacqua. Weve had quite interesting and big political news in the u. S. That started late last night, overnight and first we know that transition is more on its way than was 24 hours ago. Global stocks advancing on the back of that. If you look at what stock markets are taking a positive, the general source of administration acknowledged joe biden was the apparent winner of the election and the move reduced Political Uncertainty in the u. S. , giving biden access to Current Agency officials, briefing books, 6 million in funding and the market. Energy stocks leading the stoxx 600. Travel companies. Banks also notching gains. Haven assets weaker. We are getting some eco figures. Looking forward to speaking to the president of the Ifo Institute shortly. The estimater than of 87. 5. Ifo coming up in 15 minutes. Here is leighann gerrans. Englands National Lockdown ends next week but Prime Minister Boris Johnson says it will be replaced by a tougher threetier system of regional
Between antifa and Trump Supporters on the streets of washington, d. C. What can be done to curb the growing division in america. A look at market this is morning futures pointing to a rally at start of trading up 275 points right now. On the dow industrials nasdaqup 57 and s p higher by 29. The dow the best performer last week while the tech heavy nasdaq struggled with a selloff with the dow industrials up 4 on the week and nasdaq lower by half a point. And the s p higher by 2 . Covid cases on the rise across the country mean wheel as world waits for a rollout of the vaccine. Well be talking with new york state senator brad and who is one of fact pfizer vaccinings patients his insight coming up. Plus american i think knew try bring you highlights from latest spacex launch with four american astronauts onboard mornings with maria is live right now. European markets take look like this pretty much a firmer tone s p 500 up 45 and cac up 60 and dax index higher by 69. Pretty much about ha
Seats pelosi, schumer, and biden, thats the trifecta from hell for big government. First Lady Melania Trump receiving the official 2020 White House Christmas tree. Its more than 18 feet tall it. Comes from a family farm in oregon. That tree will be showcased in the blue room of the white house. We built this city on Rock And Roll we built this city brian so glad i put my quarter in the jukebox. I never tire of it. Thats the story of New York City. Welcome to the big show. We do have good news for at least two turkeys. According to reports, we are looking for a third or fourth source. They will be pardoned about 2 00 today. [gobbles] brian spent the night in luxurious hotel. We believe they will live a very long life. Steve they always do. Bad news for one turkey because we are going to be serving one. This is our annual fox friends feast and today we are going to actually be showing you how to make a Bacon Braided smoked turkey breast. Ainsley yum. There is going to be food on the set.
China sea. The talks cover the pact under which both countries are obligated to respond to an armed attack against their territories. Translator president elect biden has told me that hes committed to the application of article v of the japan u. S. Security treaty to the senkaku islands. Mr. Biden also told me he looks forward to working together to strengthen the japan u. S. Alliance and also move towards peace and stability in the indopacific region. Japan controls the islands. China and taiwan claim them. The japanese government maintains the islands are an inherent part of japans territory in terms of history and international law. It says theres no issue of sovereignty to be resolved over them. The pair also discussed plans to combat the coronavirus and the importance of tackling climate change. Suga plans to visit washington as soon as possible to meet biden in person. Now, as biden carries on with matters of diplomacy, President Donald Trump refuses to concede. He appeared in pu